Stay informed with timely coverage of the developments shaping companies, markets, and the broader investing landscape.
Elon Musk crossed the trillion-dollar mark on June 12 after SpaceX's record IPO, then watched roughly $500 billion evaporate in days as tech stocks cratered. His net worth now sits at $957 billion, a weekly loss larger than any in recorded history.
Micron shares climbed nearly 4% in premarket trading ahead of its Q3 earnings report. With revenue growth of 279% expected and analysts overwhelmingly bullish, the results could define where memory stocks head next.
Mark Zuckerberg has tasked a small team with building a prediction markets app called Arena, a points-based platform that could eventually allow cash wagering. The news sent DraftKings and Robinhood shares lower on Tuesday.
Carnival Corporation posted record second quarter revenue of $6.66 billion and beat earnings estimates, but third quarter profit guidance came in well below Wall Street's forecast, sending shares down roughly 8% in early trading.
AI driven selling sent the Nasdaq down 2% and South Korea's Kospi plunging 10% on Tuesday, triggering a circuit breaker halt. Here is what happened across global markets and which stocks took the biggest hits.
FedEx beat Wall Street estimates on revenue and earnings per share in its fiscal fourth quarter, but a 2026 profit outlook that fell short of expectations sent shares down about 6% in after hours trading. Here is what the numbers show.
Cerebras Systems shares fell roughly 14% premarket after the AI chip designer's first post-IPO earnings showed full year gross margin guidance well below Q1 results, though a $20 billion OpenAI deal and an incoming AWS partnership kept some bulls on board.
Brent crude dropped below $75 per barrel for the first time since the Iran conflict began, as a US and Iran peace agreement promised to reopen the Strait of Hormuz. But depleted reserves and unresolved political conditions keep prices volatile.
Elon Musk has lost his trillionaire status after SpaceX shares tumbled more than 30% from their June peak and Tesla fell further. The Bloomberg Billionaires Index now puts his fortune at $957 billion, still far ahead of anyone else on the planet.
President Trump canceled the signing ceremony for the 21st Century ROAD to Housing Act, a bipartisan bill that cleared Congress by wide margins. The move leaves a rare piece of federal housing reform in limbo just before the midterm elections.
Wendy's shares surged more than 20% overnight after the chain hired two Potbelly Sandwich veterans as its new CEO and CFO, sending retail traders on Reddit and Stocktwits into a frenzy over a potential short squeeze. Here's what's driving the move.
U.S. authorities seized a cloud account powering the Huione Group's criminal marketplace, which blockchain analysts call the largest illicit platform ever. Americans lost more than $7.2 billion to crypto investment fraud in 2025 alone.
Cerebras Systems filed its first earnings report since going public, beating revenue estimates and dramatically narrowing its losses. But a margin forecast well below Nvidia's sent shares down more than 14% before Wednesday's open.
Wendy's stock jumped as much as 37% in premarket trading after a since-deleted Reddit post urged WallStreetBets members to buy in. Here's why the fast food chain fits the meme stock playbook and what's actually happening with the business.
Silver futures fell below $60 per ounce for the first time since December 2025, dragged down by a stronger dollar, rate increase expectations, and reduced industrial demand. Here is what the numbers show and what is driving the sell off.
Qualcomm is acquiring AI software startup Modular in a $3.92 billion all-stock deal, targeting data center and edge AI markets. The move puts Qualcomm in direct competition with Nvidia's dominant CUDA developer platform.
Alphabet is joining the Dow Jones Industrial Average on June 29, 2026, replacing Verizon. The move will put all five of the largest US tech companies inside the 30 stock benchmark for the first time.
Silver dropped below $60 an ounce for the first time in 2026, logging its sixth loss in seven sessions. Gold fell with it, but retail sentiment is already flipping bullish on silver. Here is what analysts are saying about the downside from here.
Oil tanker rates have gone into record territory since the U.S.-Iran memorandum of understanding, with one supertanker booked at nearly nine times the normal Persian Gulf to India freight rate. Here is what is driving the surge.
Wendy's shares jumped about 27% on Wednesday after a WallStreetBets post urged traders to buy the battered fast-food stock. New CFO Steve Cirulis and a history of insider buying are adding fuel to the turnaround thesis.
Qualcomm is buying AI software startup Modular in a nearly $4 billion all stock deal, taking direct aim at Nvidia's CUDA platform and pushing deeper into the fast growing data center and AI inference market.
SK Hynix has filed to raise roughly $29.65 billion through a Nasdaq ADR listing, a deal that would surpass both Alibaba's 2014 U.S. debut and Saudi Aramco's record IPO. Trading is set to begin July 10.
Wendy's stock jumped more than 20% in premarket trading after the chain named a new CFO with a strong track record, igniting a Reddit-fueled short-squeeze frenzy in a stock near its lowest level in two decades.
Brent crude dropped below $74 a barrel on Wednesday as Strait of Hormuz traffic recovers and Iran deal optimism builds. Meanwhile gold fell below $4,000 per ounce for the first time since November 2025, pressured by dollar strength and rate hike bets.